Meghans Mountain Charitablefoundation Inc

Analysis

Meghans Mountain Charitablefoundation Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Meghans Mountain Charitablefoundation Inc reported income of $117k and spending of $155k, spending 132% of what it took in. Across the 2 years on record, from March 2023 to March 2024, income grew from $31k to $117k (+281%), an average of +281% a year. The sharpest change came in the year to March 2024, when income rose by 281%. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meghans Mountain Charitablefoundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within KY. Charities of a similar size with the same main cause include Comfort Corner ($117k), Good Neighbors Inc ($117k) and Zacharys Mission ($117k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 78% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.